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Oct 12, 2012
10/12
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FBC
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washington has run four straight years of trillion dollar deficit he has not cut the deficit in half of the was an office the gap between the revenue it took in 2.5 trillion of taxes but spent 3.5 trillion it is now going to hit the limit before the year is out. the each of $51,000. debt ceiling debate anybody? look at those numbers. of the nobel peace prize has done it again. none other than the european union. despite the debt crisis and poor fostering peace and democracy. joining me now is john browne he believes they do not deserve the award. we also have the opposing view. richard, i will read the review of the european union for over six decades continue to the event apiece and reconciliation and human-rights in europe. why do you think they chose the e.u.? >> first, you and i are young but if you look back 70 years they only had the balkans war. europe has been saved and pay it -- peaceful. is a little aspiration all. that the european union do more. >> should you have the economies that were also? >> piece was insured by nato and the deterrent combined with the united kingdom
washington has run four straight years of trillion dollar deficit he has not cut the deficit in half of the was an office the gap between the revenue it took in 2.5 trillion of taxes but spent 3.5 trillion it is now going to hit the limit before the year is out. the each of $51,000. debt ceiling debate anybody? look at those numbers. of the nobel peace prize has done it again. none other than the european union. despite the debt crisis and poor fostering peace and democracy. joining me now is...
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Oct 12, 2012
10/12
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CSPAN
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we have had four deficits. a debt crisis is coming. we cannot keep spending and borrowing like this. we cannot keep spending money we do not have. leaders fix problems. president obama has not put a credible plan on the table in any of his four years. i passed two budgets to deal with this. mitt romney has put suggestions out. we ask for a plan, they sent a press secretary. they give us a copy of the speech appeared be asked with the plan was to prevent a debt crisis. they said, a speech. we cannot estimate speeches. that is what we get, speeches. we are not getting leadership. mitt romney is qualified to fix the problems. his lifetime of experience is, what do we have for a president? he broke his promise to bring people together to solve the biggest problems. i would tell him we do not have to settle for this. >> i hope i will get equal time. >> you will get a few seconds, really. >> the two budgets the congressman has introduced have even serrated all of the things the middle-class has cared about. it will kick 200,000 children off
we have had four deficits. a debt crisis is coming. we cannot keep spending and borrowing like this. we cannot keep spending money we do not have. leaders fix problems. president obama has not put a credible plan on the table in any of his four years. i passed two budgets to deal with this. mitt romney has put suggestions out. we ask for a plan, they sent a press secretary. they give us a copy of the speech appeared be asked with the plan was to prevent a debt crisis. they said, a speech. we...
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Oct 12, 2012
10/12
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FBC
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turning to the deficit the numbers are in the 2012 budget deficit is actually slightly better than expected. it was only 1.1 dollars, versus $1.1 trillion deficit. what a deal! it is a trillion dollars for every year president obama has been in office. we'll crunch the number to see what they mean for the average taxpayer. we have gretchen hamel from public notice. thanks for coming back on the program. it is a staggering number. not as horrible as it could have been. how would you characterize it? >> i think it is pretty bad. 42 out of the 4 months the president has been in office he has run a deficit. i think when we're $16 trillion in debt it has an effect on the economy. even most economists say when the debt is greater than 90% of the gdp you start to see a slowing. right now our debt is over 100% of our gdp. melissa: break down why you see the slowing. i think when we talk about these numbers to the average person it sounds like monopoly money. it is such a huge number you could never break it back. if you break it down, 3500 per person. 3468 to be exact. during the time president oba
turning to the deficit the numbers are in the 2012 budget deficit is actually slightly better than expected. it was only 1.1 dollars, versus $1.1 trillion deficit. what a deal! it is a trillion dollars for every year president obama has been in office. we'll crunch the number to see what they mean for the average taxpayer. we have gretchen hamel from public notice. thanks for coming back on the program. it is a staggering number. not as horrible as it could have been. how would you characterize...
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Oct 12, 2012
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get this deficit and debt under control. >> -in -- in addition to asking your comments, we put up some polls. this is not scientific. it is just for people who happen to take part. 1483 say joe biden on the debate. paul ryan, 1095. we are listening to your calls and reaction tonight. the next up is a democrat. caller: thank you for taking my call. i was very moved by vice president joe biden. a heartfelt story about losing his life. i never knew that about him. four years ago, it was my first time voting. i voted for obama. i will again i am at 47 cents and he was mentioning. i was laid off in 2010. i just want you to know when robert watson was just on and he said vice president biden on a personal level, it is true he says that with the american people. i learned a lot about him personally. four years ago, i had never heard of him. now seeing this, i have two kids in college who will be first- time voters. i am letting them make up their own determination. i made sure they saw both debates. one is 19 and one is 20, and they have better things to do. it is my job as a mother to make s
get this deficit and debt under control. >> -in -- in addition to asking your comments, we put up some polls. this is not scientific. it is just for people who happen to take part. 1483 say joe biden on the debate. paul ryan, 1095. we are listening to your calls and reaction tonight. the next up is a democrat. caller: thank you for taking my call. i was very moved by vice president joe biden. a heartfelt story about losing his life. i never knew that about him. four years ago, it was my...
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Oct 12, 2012
10/12
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KPIX
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we have come down from four runs, five run deficit and two- run deficit isn't enough to hold us right now. >> wins are always good. it means you get to play another day. >> reporter: all right. so dennis, if the as win they will make the legal championship series and they announce that the tarps along the first and third base side are going to come off the ones at mount davis will remain and dennis, get out your parachute pants because mc hammer is throwing out the first pitch tonight for game five. >> i'm really torn, vern. have a great time. see you out there in about a half hour. fans will have to make a choice. you watch the as game or a big debate? >> two tvs! >> picture in picture. >> thank you. >>> all right. in fact, speaking of that, let's go live to danville kentucky where the vice- presidential candidates will share the stage. less than an hour from now, this is going to be their one and only debate. cbs 5 political reporter grace lee tells us what we can expect tonight. grace. >> reporter: allen, vice president joe biden will get the first question tonight and he is also g
we have come down from four runs, five run deficit and two- run deficit isn't enough to hold us right now. >> wins are always good. it means you get to play another day. >> reporter: all right. so dennis, if the as win they will make the legal championship series and they announce that the tarps along the first and third base side are going to come off the ones at mount davis will remain and dennis, get out your parachute pants because mc hammer is throwing out the first pitch...
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Oct 12, 2012
10/12
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CNBC
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he was talking about info on taxes and the deficit an didn't quite get it. i'm sure you feel the same way. >> i sure do. we spent too much time on foreign policy and not enough on jobs and fiscal responsibility. i think ryan won because vice president biden's demeanor was inappropriate in the first part of the debate. >> what do you mean? >> he laughed, interrupted too much. didn't think he was vice-presidential. i thought he got better in the second half and ryan had a stronger close. the truth is neither has a credible tax plan and romney-ryan better start providing specifics how they will pay for the rate cuts. you can do it because there's about $11 trillion worth of tax expenditures over 10 years and you have to eliminate half of them to pay for it. they haven't provided enough specifics and hurting their credibility. >> put a cap. >> whatever, you have to provide more specificity. >> let me ask david a question. he'll appreciate this. >> the point i want to make is romney last week put a cap on it. in fact, his cap -- original cap was $17,000, and even
he was talking about info on taxes and the deficit an didn't quite get it. i'm sure you feel the same way. >> i sure do. we spent too much time on foreign policy and not enough on jobs and fiscal responsibility. i think ryan won because vice president biden's demeanor was inappropriate in the first part of the debate. >> what do you mean? >> he laughed, interrupted too much. didn't think he was vice-presidential. i thought he got better in the second half and ryan had a...
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Oct 12, 2012
10/12
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KNTV
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after battling back from a two-game deficit in the playoffs, oakland loses the series in a shutout to the detroit tigers. the a's fell 6-0 against justin verlander. oakland allowed four runs in the seventh and only managed four hits in the entire game. regardless, a's fans treated the team to a standing ovation. >> everybody hates that it has to end right now. i just want to thank all the fans. they did a fantastic job. >> they were behind us the whole time. you couldn't ask for any more from the crowd. all i can say now is i hope to see crowds like that at every game next year. >> no doubt about that. oakland fans were hoping to be celebrating as new a.l. division champs. they say they're still proud of their green and gold. >> we're disappointed, but we're so proud they came this far. we're definitely proud they came this far. it's a disappointment, but it's okay, there's always next year. >> fans say they are sticking by their team. >> those guys should be very, very proud. >>> meantime better news for the giants. they are staying in cincinnati. they wait to find out what will play
after battling back from a two-game deficit in the playoffs, oakland loses the series in a shutout to the detroit tigers. the a's fell 6-0 against justin verlander. oakland allowed four runs in the seventh and only managed four hits in the entire game. regardless, a's fans treated the team to a standing ovation. >> everybody hates that it has to end right now. i just want to thank all the fans. they did a fantastic job. >> they were behind us the whole time. you couldn't ask for any...
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Oct 12, 2012
10/12
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FOXNEWSW
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romney will make the argument that the 16 trillion-dollar deficit -- debt, rather, is very much part of the obama administration's responsibility because of so much he added to it it substance for mr. romney having criticized joe biden for an absence of style last night, shep. >> shepard: carl cammeron live lancaster, ohio. certain states seem to matter more in this election than others, don't they? in every election the battleground or swing state which could go republic or democrat could matter the most. this year handful of states states including nevada and quarter. molly line with more on this live from boston. >> hi, shep. we turned from the states where they have been spending a lot of time. nevada glitz and glamour of the las vegas strip. real estate tough bed. highest unemployment rate in the nation at 12.1%. difficult place to convince people that things are going to get better. 6 electoral votes are at stake. real estate agent says the housing market has been disseminated. >> because of, you know, mitt romney and knowing how to manage money and obama being for the people,
romney will make the argument that the 16 trillion-dollar deficit -- debt, rather, is very much part of the obama administration's responsibility because of so much he added to it it substance for mr. romney having criticized joe biden for an absence of style last night, shep. >> shepard: carl cammeron live lancaster, ohio. certain states seem to matter more in this election than others, don't they? in every election the battleground or swing state which could go republic or democrat...
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Oct 12, 2012
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KNTV
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the g-men are the first team to come back from a two games to none deficit. the team is staying in cincinnati pending the outcome of the cardinals and nationals win. if the cardinals win, the giants come back to the bay area. the series starts on sunday. >>> champagne on the head is always a party. still ahead at 11:00, they come out swinging. joe biden and paul ryan go toe-to-toe last night in the vice presidential debate. we will have a recap for you. >>> and the mythbusters make the jump from the small screen to the old exhibit hall. i'm bob redell. i'll take you live to where they have taken their show on the road. that report coming up. >>> and the biggest tech ipo since facebook. we will take a look ahead in business news. alright let's break it down. mom, pop it. ♪ two inches apart, becky. two inches. t-minus nine minutes. [ ding ] [ female announcer ] pillsbury cinnamon rolls. let the making begin. ♪ too bad the guys aren't here we're clear. ok, swarm! swarm! hello [ female announcer ] pillsbury chocolate chip cookies. let the making begin >>> the
the g-men are the first team to come back from a two games to none deficit. the team is staying in cincinnati pending the outcome of the cardinals and nationals win. if the cardinals win, the giants come back to the bay area. the series starts on sunday. >>> champagne on the head is always a party. still ahead at 11:00, they come out swinging. joe biden and paul ryan go toe-to-toe last night in the vice presidential debate. we will have a recap for you. >>> and the mythbusters...
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Oct 12, 2012
10/12
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WUSA
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but just to say i'm going to cut your taxes and balance it out so it doesn't increase the deficit. >> he controlled the congress. he had every card in the deck for two years, didn't do anything. he's got no plans. >> well, of course,. but you need 60 votes, and you know that, bob. they filibustered everything. you can't get 60 votes, you know, to agree on what day of the week it is. >> he couldn't pass his own budget. >> i can't allow you to filibuster. we have to move on. i appreciate it, though,. >>> meantime the internet was all abuzz during this debate. joining me simon landau, our social media director, and who's trending right now? >> sure. the internet certainly was buzzing tonight, maybe not so much as last week during the presidential debate when we saw so much tweeting action about big bird and jim lehrer; but we still do have some action. what we're looking at right now is the national trends map, and we see that interrupting afghans, voters, weapons, referring to those topics, those major buzz topics from the debate are going on, and it's not quite as active as last week,
but just to say i'm going to cut your taxes and balance it out so it doesn't increase the deficit. >> he controlled the congress. he had every card in the deck for two years, didn't do anything. he's got no plans. >> well, of course,. but you need 60 votes, and you know that, bob. they filibustered everything. you can't get 60 votes, you know, to agree on what day of the week it is. >> he couldn't pass his own budget. >> i can't allow you to filibuster. we have to move...
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Oct 12, 2012
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no team has ever come back from an 0-2 deficit by winning the last three games on the road. that's exactly what buster posey and the giants did today beating the reds. matt cain gets a win, sergeo romo gets the final out, and the save. and the g men advance to the nlcs. >> it was a fight, they didn't make it easy on us. our staff came up with some big pitches when they needed to. it's a great feeling. this is a top one for me, being down 0-2 and seeing the resolve, all these guys had. it was a lot. >> we're a grinding team. we scrapped it out, very energetic. high strung, and it shows in our play. man, i'm proud of our team. >> got me again. >> he got me too. >> and the a's incredible ride came to a halt in oakland tonight. last season's cy young award winner pitched a shutout as the a's fall to the tigers 6-0 in game five of the american league division series. oakland allowed four runs in the seventh inning alone. the a's fans treated the team to a well deserved standing ovation. >> that was -- that's part of the whole night. went from just kind of -- i mean, the season's
no team has ever come back from an 0-2 deficit by winning the last three games on the road. that's exactly what buster posey and the giants did today beating the reds. matt cain gets a win, sergeo romo gets the final out, and the save. and the g men advance to the nlcs. >> it was a fight, they didn't make it easy on us. our staff came up with some big pitches when they needed to. it's a great feeling. this is a top one for me, being down 0-2 and seeing the resolve, all these guys had. it...
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Oct 12, 2012
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KBCW
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only four teams have come back from division series deficits of two games to none. the a's and giants today look to become teams five and six to join that club. a's fans amped up for game five at the coliseum. austin jackson lifts one to center field. it would go for a double. the tigers lead 1-0. to the 7th, the tigers put it away. young reaches on a fielding error. detroit scored four. now justin verlander dominated the a's. set smith, ground out to end it. tigers win 6-0. a's fans, they saluted their team as the a's left the field. better luck for the giants. pumping his teammates before game five. in the 5th, giants leading 2-0. bases loaded. off matt, grand slam, the reds are stunned. 6-0, giants. now, 6-3, bottom of the 8th. navaro into center. makes the diving catch to save the inning. bottom of the 9th, 6-4 giants and the reds have the go ahead run at the play. down looking and the giants win 6-4. they went three straight on the road. ,,,, when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry
only four teams have come back from division series deficits of two games to none. the a's and giants today look to become teams five and six to join that club. a's fans amped up for game five at the coliseum. austin jackson lifts one to center field. it would go for a double. the tigers lead 1-0. to the 7th, the tigers put it away. young reaches on a fielding error. detroit scored four. now justin verlander dominated the a's. set smith, ground out to end it. tigers win 6-0. a's fans, they...
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Oct 12, 2012
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CNN
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>> it wasn't a five-point plan, it was a five-point set of platitudes, he wants to prove training, deficit, and trade. but not how he would. other than what his end goals were. >> interesting, wolf. some of the frustration people had, there weren't lots of specifics in this debate. and, in fact, i know you will talk about the low points. smu professors saying this is the number one debate in terms of the number of low points as scored by the focus group that they've done in the past six years. >> i want to do that right now, erin. the low points of the debate for joe biden and paul ryan. vice president, came around 9:10 p.m. eastern, near the top of the debate. explaining the attack on the u.s. consulate in libya. >> we weren't told we want more security. we didn't know they wanted more security. by the way, at the time, we said exactly what the intelligence community told us, that they knew. that was the assessment. and as the intelligence community changed their view, we made it clear they changed their view. we said we will get to the bottom of this. >> the vice president's lowest momen
>> it wasn't a five-point plan, it was a five-point set of platitudes, he wants to prove training, deficit, and trade. but not how he would. other than what his end goals were. >> interesting, wolf. some of the frustration people had, there weren't lots of specifics in this debate. and, in fact, i know you will talk about the low points. smu professors saying this is the number one debate in terms of the number of low points as scored by the focus group that they've done in the past...
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Oct 12, 2012
10/12
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CNNW
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even in the early '80s, the budget deficit was a lot smaller. that's the key reason i'd be concerned. i think tax reform is a good idea. doug is right. we need to have tax reform, but we need tax reform that raises enough revenue to lower tax rates and also goes to reducing future budget deficit because if we don't get the deficits down, lower tax rates aren't going help us. >> and doug, do you think it's fair to say, romney ryan have been saying they think a 3% growth is reasonable. do you think it is? because for in of this math to work out and this whole argument everybody's having about whether they can cut taxes and close enough loopholes, they are counting on economic growth on being part of making up that difference. will it? >> you can't say for sure because good tax policy does t matter. t not the only thing going on out there and you would have to have a displn palestinianed, economic policy. we have a serious threat to the economy from existed and projected debt. it is different from the era of reagan in that debt is not being driven
even in the early '80s, the budget deficit was a lot smaller. that's the key reason i'd be concerned. i think tax reform is a good idea. doug is right. we need to have tax reform, but we need tax reform that raises enough revenue to lower tax rates and also goes to reducing future budget deficit because if we don't get the deficits down, lower tax rates aren't going help us. >> and doug, do you think it's fair to say, romney ryan have been saying they think a 3% growth is reasonable. do...
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Oct 12, 2012
10/12
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WTTG
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. better phone, better internet. it was like somebody like took our computer, shook all the junk out of it. we're actually getting more for our money with fios. [ male announcer ] it's time to get more for your money. upgrade to verizon fios internet, tv and phone with our best price online. just $84.99 a month, guaranteed for one year with no annual contract. there's at least three computers. [ girl 1 ] a tablet. [ woman 1 ] couple of gaming systems. we could all be running at the same time. we do not notice any dips. [ male announcer ] get tv rated #1 in customer satisfaction. and get the school year off to a great start with america's fastest, most consistent a
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. better phone, better internet. it was like somebody like took our computer, shook all the junk out of it. we're...
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Oct 12, 2012
10/12
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CSPAN
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eye 127
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we have had four deficits. a debt crisis is coming. we cannot keep spending and borrowing like this. we cannot keep spending money we do not have. leaders fix problems. president obama has not put a credible plan on the table in any of his four years. i passed two budgets to deal with this. mitt romney has put suggestions out. we ask for a plan, they sent a press secretary. they give us a copy of the speech appeared be asked with the plan was to prevent a debt crisis. they said, a speech. we cannot estimate speeches. that is what we get, speeches. we are not getting leadership. mitt romney is qualified to fix the problems. his lifetime of experience is, what do we have for a president? he broke his promise to bring people together to solve the biggest problems. i would tell him we do not have to settle for this. >> i hope i will get equal time. >> you will get a few seconds, really. >> the two budgets the congressman has introduced have even serrated all of the things the middle-class has cared about. it will kick 200,000 children off
we have had four deficits. a debt crisis is coming. we cannot keep spending and borrowing like this. we cannot keep spending money we do not have. leaders fix problems. president obama has not put a credible plan on the table in any of his four years. i passed two budgets to deal with this. mitt romney has put suggestions out. we ask for a plan, they sent a press secretary. they give us a copy of the speech appeared be asked with the plan was to prevent a debt crisis. they said, a speech. we...
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Oct 12, 2012
10/12
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MSNBCW
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it's not the deficit, it's the economy, wall street, meltdown. he starts talking about we put iraq, afghanistan, wars that biden himself voted for, he went down the wrong route after introducing a good point there. >> paul ryan didn't push him on that, wasn't quick enough to recognize -- >> you voted to are that, sir. >> that would have been painful. the stimulus letter discussion was absolutely devastating. >> i love my friend here. i'm not allowed to show letters. go on our website. he sent me two letters saying, by the way, can you send me stimulus money for companies here in the state of wisconsin? we sent millions of dollars. >> you did ask for stimulus money? >> on two oaks we advocated for constituents who were applying for grants. that's what we do. we do that for all constituents. >> i love that. i love that. >> i love that, too. once again, obstructionist republicans opposing policies that they actually support and know will be valuable for americans. >> the romney team had a bit of an issue this week, romney had a multiple choice situa
it's not the deficit, it's the economy, wall street, meltdown. he starts talking about we put iraq, afghanistan, wars that biden himself voted for, he went down the wrong route after introducing a good point there. >> paul ryan didn't push him on that, wasn't quick enough to recognize -- >> you voted to are that, sir. >> that would have been painful. the stimulus letter discussion was absolutely devastating. >> i love my friend here. i'm not allowed to show letters. go...
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Oct 12, 2012
10/12
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WUSA
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. >> it's right where we want to be, being at home, coming back from a deficit 2-1 against a veteran club that's been in this situation before. we couldn't ask for a better situation. >> this has been more rewarding and more fun to see this club do the things i know they're capable of doing and it's good to see them get the experience of the big stage here in postseason. >> reporter: so it's the inexperienced nats against the experience of the st. louis cardinals, be very interesting to see how it plays out tonight. >> reporter: maybe because they haven't been here before, some of the nats don't know to be intimidated. they don't know what's on the table here, but after these last four games, of course, i think they have a pretty good idea. the fans are piling into this place and in the last five minutes we've been on the air here i think the stands are a little more crowded than when we first began. let's get outside the gates with ken molestina who has more on what the fans are talking about and all the excitement as it builds up toward the 8:00 start of this game. >> reporter: the
. >> it's right where we want to be, being at home, coming back from a deficit 2-1 against a veteran club that's been in this situation before. we couldn't ask for a better situation. >> this has been more rewarding and more fun to see this club do the things i know they're capable of doing and it's good to see them get the experience of the big stage here in postseason. >> reporter: so it's the inexperienced nats against the experience of the st. louis cardinals, be very...
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Oct 12, 2012
10/12
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CNBC
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the fy-2012 deficit was $1.89 trillion, $207 billion less than the 2011 deficit. the 2012 deficit came in lower than previously forecasted as the treasury department and omb. $121 billion less than forecasted at the mid session review. as a percentage of gdp, says treasury and omb, the fy-2012 deficit was 7% down from 8.7% in fy-2011. the reduction from last year was due to higher receipts and lower outlays resulting in part from a stronger economy. also, a statement from treasury secretary tim geithner accompanying the release of these budget details. quote, the president has put forward a balanced proposal to further strengthen the economy and reduce the country's future deficits. it's time for congress to act on those necessary steps to it help sustain economic growth for years to come. of course, to add the fuel to the budget and deficit debate, fiscal cliff, and obviously ahead of next week's all-important debate between president obama and mitt romney. back to you guys. >> it's going to be fodder for our next conversation, i'm thinking. >> absolutely. right
the fy-2012 deficit was $1.89 trillion, $207 billion less than the 2011 deficit. the 2012 deficit came in lower than previously forecasted as the treasury department and omb. $121 billion less than forecasted at the mid session review. as a percentage of gdp, says treasury and omb, the fy-2012 deficit was 7% down from 8.7% in fy-2011. the reduction from last year was due to higher receipts and lower outlays resulting in part from a stronger economy. also, a statement from treasury secretary tim...
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Oct 12, 2012
10/12
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KTVU
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we have had four budgets, four trillion dollar deficits. we can't keep spending and borrowing like this. we can't be spending money we don't have. leaders run the problems and fix problems. president obama has not put a credible plan on the table in any of his four years to deal with the debt crisis. romney put ideas on the table. we have to tackle the crisis before it tackles us. we asked his budget office, can you see the plan? he gave us a copy of the speech. tell us what president obama's plan is, they say it is a speech. we can't estimate speeches. that is what we get with this administration. the speeches, but no leadership. mitt romney is uniquely qualified to fix these problems. and what do we have? the president broke his big promised to bring people together to solve the country's biggest problems. we don't have to settle for this. i hope i will get equal time. >> you will get a few seconds, really. >> the two budgets have eviscerated all the things the middle class cares about. it will mock 19 million people off of medicare and k
we have had four budgets, four trillion dollar deficits. we can't keep spending and borrowing like this. we can't be spending money we don't have. leaders run the problems and fix problems. president obama has not put a credible plan on the table in any of his four years to deal with the debt crisis. romney put ideas on the table. we have to tackle the crisis before it tackles us. we asked his budget office, can you see the plan? he gave us a copy of the speech. tell us what president obama's...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. >>> their ideas are old and their ideas are bad and they eliminate the guarantee of medicare. >> here's the problem. they got caught with the hands in the cookie jar taking it out for obama care. >> those are great sound bite, but how do we get to the truth in those comments. paul ryan stuck by his proposals at the debate last night. only he said, partially privatizing medicare will not turn into a vo
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm...
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, but it also will be mindful of the education deficit, also mindful of the infrastructure deficit and mindful of the competitive deficit, and we have to recognize there's many different kinds of deficits of which the financial deficit is only one. >> i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> two presidential debates coming up. >> defense secretary says the u.s. space has the possibility of a close cyber pearl harbor that could shut down the transportation system, military networks, and military systems. secretary panetta's remarks came yesterday in new york city. >> frank, five words. you deserve to be here. [applause] ladies and gentlemen, it is now and high honor to introduce the most talented, versatile, and experienced leaders in american government, a man who serves our country by meeting the extraordinary challenges of our times. i am sure secretary of defense, leon panetta thinks on his days in the u.s. army intelligence where he received the army accommodation metal. he chaired the house budget committee before moving on to
, but it also will be mindful of the education deficit, also mindful of the infrastructure deficit and mindful of the competitive deficit, and we have to recognize there's many different kinds of deficits of which the financial deficit is only one. >> i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> two presidential debates coming up. >> defense secretary says the u.s. space has the possibility of a close cyber pearl harbor that...
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why didn't we go forward with a plan to reduce the deficit. these guys have been in charge for four years and they don't have a lot to show for it. >> steven, that sounds like an invitation to get lost in the weeds to become the policy wonk that we know both of these two gentlemen are, and let's be honest this is about trying to convince a married woman somewhere in ohio to go republican or democrat versus the other way. how is that going to play? how are details going to play at all tonight? >> i think it's important to have details, just as we saw in the last debate. i think while you could easily get lost in the weeds, i think people came away with an impression as to what each side stood for. i would just say with respect to carly's comments it's not true that obama and biden do not have a budget. they have one. it's called the fiscal year 13 budget they put out that goes into excruciating detail, far more detail than romney and ryan has gone into as to how they would achieve substantial deficit reduction over the next ten years. the presi
why didn't we go forward with a plan to reduce the deficit. these guys have been in charge for four years and they don't have a lot to show for it. >> steven, that sounds like an invitation to get lost in the weeds to become the policy wonk that we know both of these two gentlemen are, and let's be honest this is about trying to convince a married woman somewhere in ohio to go republican or democrat versus the other way. how is that going to play? how are details going to play at all...
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the first team in major league history to come back from a deficit by winning three consecutive games on the road. it's what san francisco did to win this series. they haven't won a home playoff game in 17 years. the front page of the san francisco chronicle showing san francisco celebrating. they move on to get the winner of the nats/cardinal playoff game. hammel going against cc sabathia and then the nationals and the cardinals. washington likes their chances with him on the mound. nfl, thursday night football, steelers on the road in music city. taking on the titans. first quarter, purposing from 22. it's not good. titans eventually recovered near the goal line. it led to a tennessee touchdown. four seconds left. score tied at 23. good from 40 yards out. the party is on in nashville. titans win the section of the season. steelers drop to 2-3 losing their third consecutive. >>> coming up at the top of the hour, joe biden and paul ryan get together for their one and only debate serving as proxies for the president and mitt romney. how did ryan do? we'll knock that around with our "mo
the first team in major league history to come back from a deficit by winning three consecutive games on the road. it's what san francisco did to win this series. they haven't won a home playoff game in 17 years. the front page of the san francisco chronicle showing san francisco celebrating. they move on to get the winner of the nats/cardinal playoff game. hammel going against cc sabathia and then the nationals and the cardinals. washington likes their chances with him on the mound. nfl,...
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. [ mamale announcer ] we the people, the middle class who move our country forward, work hard raise families, and keep america strong. but mitt romney's budget plan will hurt the middle class, raising taxes on the average family by up to $2,000 while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >> i could pretty much guarantee you will never see a scene like this again. a picture that will never be repeated. a space shuttle rolling through an urban setting. this is kind of a tight the deal. but
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. [ mamale announcer ] we the people, the middle class who move our country forward, work hard raise families, and...
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he will continue to attract the deficit. he'll look at the tax reform which i think is very important, if you get any help from the republicans whatsoever which he got none of for the last two years we'll see real tax reforms and the implication of the tax codes and he'll get his jobs bill passed if the congress will cooperate which they haven't done for two years. >> tom stemberg, your reaction to howard's definition here and your agenda? larry, when you've been in office for four years, you shouldn't be evaluated on your plans. you should be evaluated on your performance, it's at best, d-minus and our jobs situation are running trillion dollar deficits and america's dollar and the stock price, if you will, is at an all-time low and that's not a good record. >> excuse me, our stock price is up tremendously since barack obama took office. wall street's done really well. the reason is corporate profits. >> our currency. >> our economy is recovering and the people know it. >> thank you very much. tom stemberg, ceo of staples.
he will continue to attract the deficit. he'll look at the tax reform which i think is very important, if you get any help from the republicans whatsoever which he got none of for the last two years we'll see real tax reforms and the implication of the tax codes and he'll get his jobs bill passed if the congress will cooperate which they haven't done for two years. >> tom stemberg, your reaction to howard's definition here and your agenda? larry, when you've been in office for four years,...
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giants win 6-4 and come back from a two game deficit to win the series. in washington the national keep their post-season temperatures alive. a walkoff home run. nats stop the card 2-1 and force a decisive game five tonight. in the nfl the steelers go on the road to face the titans, pittsburgh up by a touchdown in the fourth quarter. tennessee ties it on a five yard touchdown catch. steelers trying to take the lead with a late field goal. and coming up short on a 54-yard. we'll talk about this. let's talk about michael vick. philadelphia eagles quarterback michael vick once a dog own. spent time in prison on dogfighting charges. he's not allowed to have a dog during probation. he said he wants his children to develop a healthy relationship with animals. this week he was questioned about whether he owned a dog after a picture showed him with an open box of dog biscuit on the table. i thought michael vick liked dog biscuits. when we come back small town shocker, a 91-year-old alabama mayor is arrested for stealing hundreds of thousands of dollars from her o
giants win 6-4 and come back from a two game deficit to win the series. in washington the national keep their post-season temperatures alive. a walkoff home run. nats stop the card 2-1 and force a decisive game five tonight. in the nfl the steelers go on the road to face the titans, pittsburgh up by a touchdown in the fourth quarter. tennessee ties it on a five yard touchdown catch. steelers trying to take the lead with a late field goal. and coming up short on a 54-yard. we'll talk about this....
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like whether tax rates can be lowered without adding to the deficit. >> not mathematically possible. >> it is mathematically possible. it's been done before. it's precisely what we're proposing. >> it has never been done before. >> it's been done a couple of times, actually. >> it has never been done before. >> jack kennedy lowered tax rates, increased growth. ronald reagan -- >> oh, now you're jack kennedy? >> reporter: biden went right at ryan over mitt romney's controversial comments calling 47% of americans who don't pay income taxes irresponsible. >> the idea, if you heard that, that little sol little quill on 47%, you think he just made a mistake, then i got a bridge to sell you. >> i think the vice president very well knows sometimes the words don't come out of your mouth the right way. >> but i always say what i mean. >> reporter: when biden wasn't talking, he seemed oddly amused. by our count -- smiling or breaking out in laughter 92 separate times. expressive, often interrupting and occasionally personal. >> this is a bunch of stuff. look, here's the deal. >> what does that
like whether tax rates can be lowered without adding to the deficit. >> not mathematically possible. >> it is mathematically possible. it's been done before. it's precisely what we're proposing. >> it has never been done before. >> it's been done a couple of times, actually. >> it has never been done before. >> jack kennedy lowered tax rates, increased growth. ronald reagan -- >> oh, now you're jack kennedy? >> reporter: biden went right at ryan...
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it just reduces the deficit. by borrowing less, we have more money available for the private sector. that is a good thing. if they needed it. if there was a shortage of liquidity. ben bernanke has been working on that. that is a different study, too. what i have reported and which has been presented here to some degree is a way to calibrate what the costs and reduced federal spending are. it is not complete. the more recent study which looked at federal spending that he affects payroll as well as procurement, and not just military equipment, as bennett cited, but across all discretionary categories, would it cost $215 billion in lost gdp activity. that is 2/3 of what is projected to grow. if the economy grows at current projections, up to 2% next year, this would represent, to give it a reference point, 2/3 of gdp. at $110 billion, labor can come -- labour income, to understand what is tied to that spending, the analyses that i undertook put some jobs to that, 2.1 million jobs across all sectors of the economy. r
it just reduces the deficit. by borrowing less, we have more money available for the private sector. that is a good thing. if they needed it. if there was a shortage of liquidity. ben bernanke has been working on that. that is a different study, too. what i have reported and which has been presented here to some degree is a way to calibrate what the costs and reduced federal spending are. it is not complete. the more recent study which looked at federal spending that he affects payroll as well...
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>>guest: i think the national debt and the deficits we are facing are all of our problems. all of us add americans should participate. >>neil: i know that. i want to be clear. yes-or-no on raising some people's taxes like the wealthy. >>guest: i think you have to raise revenue in order to solve the national debt problem. i think of an approach that buys in all americans is better than simply one group pitted against the other. i don't think you raise taxes just on the wealthy. i don't think you raise taxes just on middle income. this is a shared responsibility that we have. to we talk about it in terms of being talked about today we divide each other. this is our shared responsibility in this country. it should be united, a united effort not divided. the debate now it is one american against another. i don't think that is the right way to do it. >>neil: thank you very much. >>guest: to be clear, i think we have to raise revenue to deal with the national debt. everyone that has looked at it knows that, we have to cut spending. >>neil: thank you very much. >> a nobel prize fo
>>guest: i think the national debt and the deficits we are facing are all of our problems. all of us add americans should participate. >>neil: i know that. i want to be clear. yes-or-no on raising some people's taxes like the wealthy. >>guest: i think you have to raise revenue in order to solve the national debt problem. i think of an approach that buys in all americans is better than simply one group pitted against the other. i don't think you raise taxes just on the wealthy....
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get the deficit and debt under control to prevent a debt crisis. make trade in america and sell things overseas and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney's a car guy. they keep misquoting hip. let me tell but the mitt romney i know. this is a guy who i was talking to a family in north borough, massachusetts, sherylin mark-nixon. their kids were hit in a car crash, four of them. two of them were paralyzed. the romneys didn't know them. they never met. mitt asked to come over for christmas. he brought his boys, his wife and gifts. later on, he said, i know you are struggling, mark, don't worry about their college, i will pay for it. when mark told me this story -- mitt romney doesn't tell these stories. the nixons told me this story. when he told me the story, it wasn't the cash help, it's that he gave his time and he has consistently. this is a man who gave 30% of his income to charity, more than the two of us combined. mitt romney's good man. he cares
get the deficit and debt under control to prevent a debt crisis. make trade in america and sell things overseas and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney's a car guy. they keep misquoting hip. let me tell but the mitt romney i know. this is a guy who i was talking to a family in north borough, massachusetts, sherylin mark-nixon. their kids were hit in a car crash, four of them. two of them were...
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he has this reputation for being a deficit hawk. as joe biden said he voted for the wars, for the new medicare -- >> the prescription drug benefit. >> he voted -- >> the bush tax cuts. >> the bush tax cuts, all of the bush budgets. he voted for a bush stimulus. in addition to voting against obama stimulus but asking for money, he voted for bush stimulus and he described it in his speeches. he was a kecanesian. he's never been forced to be consistent and yet he's hailed as this great economist, this great numbers thinker. >> michael, ryan still had no answer, as joan said shall as to how he'd pay for a 20% across the board tax cut. martha raddatz asked at least twice. mike, have you ever heard a politician make such a promise to the electorate yet not even try, not even attempt to provide one detail when asked? >> well, here is what the campaign will say and here is what ryan wasn't saying explicitly on that stage because it's a hard thing to argue. it's that they believe that if you give this sort of tax cut, there will be economic
he has this reputation for being a deficit hawk. as joe biden said he voted for the wars, for the new medicare -- >> the prescription drug benefit. >> he voted -- >> the bush tax cuts. >> the bush tax cuts, all of the bush budgets. he voted for a bush stimulus. in addition to voting against obama stimulus but asking for money, he voted for bush stimulus and he described it in his speeches. he was a kecanesian. he's never been forced to be consistent and yet he's hailed...
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because biden is trying to get out of the deficit that obama created in the first -- >> bob: that's exactly right. >> dana: biden had a different job last night. actually paul ryan's job was to appeal to seniors and to women. i think he nailed that. and so, whereas some of the other lines he might not have won the point, actually overall he won overall with his base, too. >> andrea: if the strategy is to rally the base, the base is women. the democratic base. war on women. they went in to this, pew research found that 51% of voters already had an unfavorable view of the vice president. he did himself no favors. >> eric: that is an important poll. i bet that number goes up after that. he was not likable. everything he did, the smilin smiling, smugness, he cut off paul ryan 82 times in 90 minutes. that is almost impossible to do. the other thing is "wall street journal" points this out. he was on the attack. they call it bully versus the wonk. he was on the attack. meaning joe biden, all night. every time he attacked paul ryan on a topic, it was wrong. his facts were -- >> bob: it was not wro
because biden is trying to get out of the deficit that obama created in the first -- >> bob: that's exactly right. >> dana: biden had a different job last night. actually paul ryan's job was to appeal to seniors and to women. i think he nailed that. and so, whereas some of the other lines he might not have won the point, actually overall he won overall with his base, too. >> andrea: if the strategy is to rally the base, the base is women. the democratic base. war on women....